Vietnam National Petroleum Group
PLX.VN
#4374
Rank
โ‚ฌ1.82 B
Marketcap
1,44ย โ‚ฌ
Share price
-1.41%
Change (1 day)
12.31%
Change (1 year)

Operating Margin for Vietnam National Petroleum Group (PLX.VN)

Operating Margin as of November 2024 (TTM): 2.06%

According to Vietnam National Petroleum Group's latest financial reports and stock price the company's current Operating Margin is 2.06%. At the end of 2023 the company had an Operating Margin of 1.44%.

Operating Margin history for Vietnam National Petroleum Group from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.44%92.98%
20220.75%-66.7%
20212.24%97.11%
20201.14%-61.81%
20192.98%10.42%
20182.70%-13.35%
20173.11%-39.17%
20165.12%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.